Insurance
Oct. 9, 2010
Insurance Group Settles Class Action
Farmers Group Inc. has agreed to a $545 million settlement of a nationwide class action that alleged the insurer overcharged millions of policyholders, represented by Girardi Keese and several Texas-based firms.
Daily Journal Staff Writer
LOS ANGELES - Farmers Group Inc. has agreed to a $545 million settlement of a nationwide class action that alleged the insurance company overcharged several million policyholders.
According to the proposed settlement, all claims against Farmers Group and its parent, Swiss insurance company Zurich Financial Services Group, dating back to 1999 would be resolved, wrapping up years of cos...
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In